Govt to Offer HUF 100 Bn of 0% Credit to Hard Hit Tourism Companies
Hungary’s government will offer microbusinesses and SMEs in the tourism sector 100 billion forints (EUR 290m) of 0 percent free-purpose credit from September, the head of the Hungarian Tourism Agency told MTI on Saturday. Zoltán Guller said companies that do all of...
Mass Event Restrictions to Remain in Place After August 15th
The government’s aim is to prevent a second wave of the novel coronavirus epidemic and has decided to maintain the current level of restrictions, said Gergely Gulyás, the head of the Prime Minister’s Office. In April, the government announced that events larger than...
Consumer, Business Confidence Continues to Improve in July
Economic research institute GKI’s combined gauge of consumer and business confidence rose to -18.2 points in July from -20.5 points in the previous month as consumer confidence improved but businesses became only slightly more optimistic. GKI’s measure of confidence...
Gov’t to Develop Hungary’s Airport System
The government wants all major cities to be attainable, at least by small aircraft, the Parliamentary Secretary of State of the Ministry of Foreign Affairs and Trade, Levente Magyar said. Magyar highlighted that the essential backbone of the Hungarian economy is...
